Petrobras Says Hasn’t Changed Natural Gas Price Policy

Prices are defined according to active contracts, co. says in e-mailed statement.

  • Any discounts to value established in contracts to be reduced gradually until end of 2015 and don’t affect pricing formula
  • Measure aims to reestablish alignment of energy prices, while maintaining competitiveness of natural gas in market
  • Co. provides clarification in response to media reports
  • NOTE: Petrobras to End Gas Discount Policy: Valor

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